SNPS Q4 2023 Earnings — Synopsys, Inc. Revenue & Financial Results | Market Cap Arena

SNPSSynopsys, Inc.

$84B

Q4 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$1.6B+24.5% YoY

Gross Profit

$1.3B79.2% margin

Operating Income

$431M26.9% margin

Net Income

$349M21.8% margin

EPS (Diluted)

$2.26

QoQ Revenue Growth

+18.1%

Cash Flow

Operating Cash Flow

$326M

Free Cash Flow

$273M

Stock-Based Comp.

$141M

Balance Sheet

Total Assets

$10.3B

Total Liabilities

$4.1B

Stockholders' Equity

$6.1B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.3B	+24.5%
Gross Profit	$1.3B	$1.0B	+26.5%
Operating Income	$431M	$217M	+98.1%
Net Income	$349M	$154M	+127.5%

Revenue Segments

Product

$1.3B45%

License and Maintenance

$870M30%

License

$449M15%

Technology Service

$280M10%

Geographic Segments

UNITED STATES

$813M61%

CHINA

$188M14%

KOREA, REPUBLIC OF

$168M13%

Europe

$158M12%